Hardware engineer John Ternus formally became Apple’s chief executive on September 1, succeeding Tim Cook after 15 years and inheriting a company worth $4.6 trillion — and a deepening AI catch-up challenge.
Tag: Apple
Posted inTech
Apple Wins Beijing’s Clearance to Deploy Its Own AI Model in China
Apple has trained a China-specific large language model alongside Alibaba and received regulatory approval from Beijing — making it the first foreign company authorised to deploy proprietary AI on iPhones in mainland China.
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Apple Tests Chinese CXMT Memory Chips for iPhones as Senate Warns Against the Move
Apple is evaluating DRAM from China’s CXMT for use in iPhones and MacBooks, according to reports from August 9, while bipartisan US senators warn against sourcing chips from Chinese suppliers.
Posted inMarkets
Apple Joins Nvidia at $5 Trillion as CEO Succession Looms
Apple briefly crossed a $5 trillion market cap on July 28, joining Nvidia as the only companies to hit that mark, as CEO Tim Cook prepares to hand over to John Ternus on September 1.
Posted inMarkets
Intel stock leaps 10.6% as Trump announces Apple chip manufacturing deal
Intel shares jumped 10.6% on June 18 after President Trump announced Apple and Intel would work together on US chip design and manufacturing.
Posted inTech
Apple powers Siri AI with Google Gemini as Tim Cook names his September successor
Apple unveiled a rebuilt Siri AI using Google’s Gemini model at WWDC 2026, while CEO Tim Cook announced John Ternus as his successor effective September 1.